What I find particularly notable about @TermMax không is not the addition of a new DeFi product
Over the past three months, they have continuously expanded from fixed-rate lending into options, institutional venues, and new ecosystems, but the thesis remains fairly consistent: turning interest rates into something predictable.
For traders, a floating rate may not be an issue. But for treasuries or institutions, borrowing at 5% today and then having it become 10% a few weeks later is a completely different problem.
TermMax is trying to solve that with known rate, known term, and known risk.
I like this direction more than the approach of just adding lots of features to create a narrative. If fixed-rate lending truly becomes an infrastructure layer for institutional capital flows, then TermMax’s story will be bigger than just another lending protocol.
25/8 is a milestone worth watching, but I’m more interested in whether TMX after TGE can truly be tied to the activity of the entire system.
#termmax
Over the past three months, they have continuously expanded from fixed-rate lending into options, institutional venues, and new ecosystems, but the thesis remains fairly consistent: turning interest rates into something predictable.
For traders, a floating rate may not be an issue. But for treasuries or institutions, borrowing at 5% today and then having it become 10% a few weeks later is a completely different problem.
TermMax is trying to solve that with known rate, known term, and known risk.
I like this direction more than the approach of just adding lots of features to create a narrative. If fixed-rate lending truly becomes an infrastructure layer for institutional capital flows, then TermMax’s story will be bigger than just another lending protocol.
25/8 is a milestone worth watching, but I’m more interested in whether TMX after TGE can truly be tied to the activity of the entire system.
#termmax
